Company in Malta
Malta is a member of the European Union and is considered a respectable jurisdiction. The list of agreements that it has signed double taxation is quite extensive.
Malta is holding companies (International Holding Company - ITC) since the adoption of the Companies Act 1995. The IHC is a company resident in Malta formed for the purpose of hold and manage investments in non-resident companies to benefit from tax exemptions on dividends and capital gains received from the investee.
Malta is holding companies (International Holding Company - ITC) since the adoption of the Companies Act 1995. The IHC is a company resident in Malta formed for the purpose of hold and manage investments in non-resident companies to benefit from tax exemptions on dividends and capital gains received from the investee
To be duly constituted, a holding company requires a director who may be natural or legal person of any nationality need not be resident. A minimum of 2 shareholders and requires a capital of 500 LM. You can not issue bearer shares. There are no restrictions in regard to the place where meetings take place annually.
The holding companies are required to submit annual reports and tax returns. All companies are required to have an audit. The corporate tax is 35% for this type of legal form, however, the distribution of dividends to foreign shareholders, through a system of tax credits, you will reach a global imposition of only a 4.17 Malta %.
For societies trading (commercial) provides a similar taxation system, so that you can get a fairly low overall charge. It imposes the condition that Maltese society has no business with residents of Malta.
- NECESSARY DOCUMENTATION
- The proposed name and the expected activity of societyData managers, as a copy of your passport or national identity card, proof of address and bank and professional references.
- Data from the secretaries - as a copy of your passport or national identity card, proof of address and bank and professional references.
- The proposed direction of the company, unless you want to use the address of the agent
- Details of the members, copies of their passport or national identity card, proof of address and bank and professional references. If a partner is a company that supplies mores have copies of their writing and certificate of existence of the company.
Administrators or directors : An administrator or main director can be a shareholder, but not the sole shareholder, a company needs two partners.. Nationality of the administrator: an administrator may have any nationality Minimum number of directors: an administrator is only required. Nominee directors are allowed, and is recognized a director Nominee, this is used in many companies.
